Overlake · Redmond, WA

Is Now a Good Time to Sell in Overlake, Redmond?

The median home in Overlake sells for $1,785,000 with prices up 20% year-over-year. Ridley's flat fee saves you $50,051.

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Overlake Real Estate Market Conditions

57out of 100

Ridley Sell Score

How it's scored →

Moderate

57/100

A balanced market with opportunities for well-priced homes.

What this means for sellers

The Overlake market is balanced — neither strongly favoring buyers nor sellers. Accurate pricing is key: overpriced homes will sit, but correctly priced listings are still moving. Focus on presentation and pricing strategy to stand out. Sellers who prepare well can still achieve strong results.

Inventory TightnessNeutral

4 months of supply — near the balanced threshold of 5 months. Washington average is 3.1.

Price MomentumFavors sellers

Prices up 20% year-over-year — vs. -3.4% statewide.

Seller LeverageFavors buyers

Homes selling at 96.46% of asking — buyers are negotiating 3.5% below list. Washington average is 98.9%.

Bidding ActivityNeutral

22.22% of homes selling above list price — 5% below the Washington average of 23.3%.

Sale SpeedFavors sellers

52 median days on market — 8 days faster than the Washington average.

Market UrgencyNeutral

28.57% of listings go pending within 2 weeks — vs. 37.3% statewide.

Price StabilityFavors sellers

Only 0% of listings have dropped their price — sellers are holding firm. Washington average is 25.7%.

Score based on 7 real-time market signals. Updated with latest available data.

How it works →

Median Sale Price

$1,785,000

+20%

Days on Market

52

Price per Sq Ft

$673

Sale-to-List Ratio

96.46%

Homes Sold

9

Sold Above List

22.22%

Pending in 2 Weeks

28.57%

Source: public market records

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Personalized pricing signals, demand shifts, and Sell Score changes for Redmond — delivered monthly.

Your savings

How much can you save selling in Overlake?

$0Estimated savings

That could cover a year of college tuition — save 2.8% of your home value

$1,785,000

$50,000$10M

Traditional Agent (3%)

$53,550

Ridley Pro (flat fee)

$3,499

Ready to sell in Overlake?

Get a personalized selling strategy with AI-powered pricing analysis

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Cost comparison

Cost to sell in Overlake

Traditional AgentBest valueRidley ProRidley Essentials
Listing fee$53,550$3,499$999
Buyer agent$49,9802.8% avg$35,700~2% avg$35,700~2% avg
Closing costs (~1.5%)$26,775$26,775$26,775
Total cost$130,305$65,974$63,474
You save$50,051$52,551

Based on the Overlake median home price of $1,785,000. Ridley buyer agent commission reflects the average ~2% BAC offered by Ridley sellers.

How to sell your house and save on commission in Overlake

A flat fee of $3,499 instead of the typical $53,550 commission — with a dedicated agent at every step.

1

AI + expert price your home

AI-powered comps reviewed by your dedicated agent — using Overlake market data so you list at the right price.

2

AI prepares your home

AI walk-through identifies what to fix, stage, and photograph. Your agent advises on what actually moves the needle.

3

Listed on MLS & 100+ sites

Professional listing syndicated to Zillow, Redfin, and everywhere Overlake buyers look — plus a custom Ridley listing page with AI chat.

4

Your agent negotiates

Offer comparison, counteroffer strategy, and all back-and-forth with buyers' agents — handled by your dedicated agent.

5

Close and keep $50,051 more

Contracts, disclosures, deadline tracking, and closing coordination — from accepted offer to keys.

FAQ

Common questions about selling in Overlake

Ready to sell in Overlake?

Save $50,051

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